There has been some speculation today that Apple purchased cloud-based music provider, Omnifone. According to my sources, that’s not the case.

Clearly with my interest in music, and Apple Music in particular, I began checking around as soon as I saw the report. While the report indicates a “mystery buyer” did purchase Omnifone’s tech business and assets, that buyer is not Apple, my sources said.

Omnifone worked with a number of companies, including LG, Samsung, Vodafone, BlackBerry, and Sony, to launch music services. However, it appears the company has not been doing well financially of late.